Ethifinance, headquartered in France, is a pioneering firm in the sustainable finance sector, specialising in ESG (Environmental, Social, and Governance) ratings and assessments. Founded in 2015, the company has rapidly established itself as a leader in providing transparent and reliable sustainability metrics for investors and corporations alike. With a focus on promoting responsible investment practices, Ethifinance offers a range of unique services, including tailored ESG analysis and impact assessments. Their innovative approach combines rigorous data analysis with a commitment to ethical finance, setting them apart in a competitive market. Recognised for their contributions to sustainable finance, Ethifinance has achieved significant milestones, including partnerships with major financial institutions across Europe. Their dedication to enhancing the understanding of sustainability in investment decisions positions them as a key player in the evolving landscape of responsible finance.
How does Ethifinance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ethifinance's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ethifinance reported total carbon emissions of approximately 4,100,000 kg CO2e, comprising 1,856,000 kg CO2e from Scope 1 and 2,415,000 kg CO2e from Scope 2 emissions. Notably, there were no reported Scope 3 emissions. This marks a significant increase in emissions compared to previous years, where in 2022, emissions were about 2,400 kg CO2e (1,400 kg CO2e from Scope 1 and 1,000 kg CO2e from Scope 2) and in 2021, approximately 2,300 kg CO2e (1,300 kg CO2e from Scope 1 and 1,000 kg CO2e from Scope 2). Ethifinance has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, EthiFinance SAS, reflecting the corporate family's overall performance in emissions reporting. As a current subsidiary of EthiFinance SAS, Ethifinance's climate commitments and emissions data are aligned with the broader goals of its parent organisation, although specific reduction strategies have not been disclosed.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,300 | 0,000 | 0,000,000 |
Scope 2 | 1,000 | 0,000 | 0,000,000 |
Scope 3 | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ethifinance is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.